WALAA

Walaa Cooperative Insurance Co.

8060StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	407.07M	962.27M	512.41M	534.21M	325.06M
Total Assets	5.46B	4.77B	4.11B	3.59B	3.45B
Investment Securities	—	709.69M	545.04M	509.94M	312.32M
Reinsurance Recoverable	1.92B	0.74B	0.79B	0.80B	1.18B
Liabilities
Total Liabilities	3.78B	2.94B	2.84B	2.47B	2.64B
Insurance Liabilities	3.02B	2.13B	2.03B	2.12B	0.13B
Unearned Premiums	—	—	—	—	1.11B
Unpaid Claims	—	—	—	—	794.48M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	36.48M
Total Equity	1.67B	1.82B	1.27B	1.12B	0.81B
Shares Outstanding	127,558,000	127,558,325	85,058,325	85,058,325	64,639,706
Cash & Assets
Total Assets	5.46B	4.77B	4.11B	3.59B	3.45B
Cash & Equivalents	407.07M	962.27M	512.41M	534.21M	325.06M
Net Cash (Debt)	391.98M	940.73M	509.66M	528.32M	319.49M
Net Cash Per Share	3.07	9.13	5.99	7.68	4.94
Net Cash Growth	-58.3%	+84.6%	-3.5%	+65.4%	-53.3%
Other Receivables Insurance	7.05M	26.63M	54.63M	46.49M	572.05M
Restricted Cash	127.56M	127.56M	85.06M	85.06M	64.64M
Land	—	35.46M	16.40M	16.40M	16.40M
Machinery	—	59.38M	57.05M	47.44M	42.23M
Property, Plant & Equipment	72.54M	74.14M	35.48M	32.06M	30.97M
Goodwill	76.73M	24.42M	24.42M	24.42M	24.42M
Other Intangibles Insurance	107.45M	116.46M	121.57M	96.98M	37.71M
Deferred Policy Acquisition Cost	—	—	—	—	36.48M
Other Current Assets Insurance	86.23M	61.79M	32.35M	123.01M	97.40M
Separate Account Assets	—	164.00K	111.00K	—	—
Long-Term Leases	15.09M	14.83M	1.09M	5.89M	5.57M
Current Portion of Leases	—	6.71M	1.66M	—	—
Loans & Investments
Investment Debt Securities	—	709.69M	545.04M	509.94M	312.32M
Investment Equity Preferred	—	140.47M	86.93M	—	374.55M
Other Investments	2.65B	1.24B	1.33B	0.97B	0.30B
Reinsurance Recoverable	1.92B	0.74B	0.79B	0.80B	1.18B
Total Investments	2.65B	2.63B	2.45B	1.84B	1.07B
Liabilities & Obligations
Total Liabilities & Equity	5.46B	4.77B	4.11B	3.59B	3.45B
Accounts Payable Insurance	—	72.98M	96.28M	115.63M	85.14M
Accrued Expenses	113.39M	47.08M	46.90M	76.86M	77.68M
Current Income Taxes Payable	60.28M	42.96M	46.28M	45.23M	31.21M
Other Current Liabilities Insurance	7.05M	40.27M	28.71M	73.66M	12.91M
Other Long Term Liabilities Insurance	—	—	—	3.28M	26.76M
Reinsurance Payable	3.55M	3.30M	—	3.26M	342.73M
Separate Account Liability	525.98M	543.96M	552.25M	—	—
Unearned Premiums	—	—	—	—	1.11B
Unpaid Claims	—	—	—	—	794.48M
Insurance Annuity Liabilities	3.02B	2.13B	2.03B	2.12B	0.13B
Debt & Funding
Total Debt	15.09M	21.53M	2.75M	5.89M	5.57M
Equity & Book Value
Shareholders' Equity	1.67B	1.82B	1.27B	1.12B	0.81B
Total Common Equity	1.67B	1.82B	1.27B	1.12B	0.81B
Common Stock	1.28B	1.28B	0.85B	0.85B	0.65B
Additional Paid-In Capital	228.28M	228.28M	193.12M	193.12M	103.28M
Retained Earnings	34.75M	210.57M	146.27M	-1.71M	22.58M
Comprehensive Income & Other	131.12M	109.59M	78.49M	74.45M	38.38M
Minority Interest	2.90M	—	—	—	—
Book Value Per Share	13.09	14.30	14.91	13.13	12.54
Tangible Book Value	1.49B	1.68B	1.12B	1.00B	0.75B
Tangible Book Value Per Share	11.65	13.20	13.20	11.70	11.58
Filing Date Shares Outstanding	127.56M	127.56M	85.06M	85.06M	64.64M
Total Common Shares Outstanding	127.56M	127.56M	85.06M	85.06M	64.64M
Supplemental
Total Liabilities Insurance	3.78B	2.94B	2.84B	2.47B	2.64B

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	407.07M	962.27M	512.41M	534.21M	325.06M
Total Assets	5.46B	4.77B	4.11B	3.59B	3.45B
Investment Securities	—	709.69M	545.04M	509.94M	312.32M
Reinsurance Recoverable	1.92B	0.74B	0.79B	0.80B	1.18B
Liabilities
Total Liabilities	3.78B	2.94B	2.84B	2.47B	2.64B
Insurance Liabilities	3.02B	2.13B	2.03B	2.12B	0.13B
Unearned Premiums	—	—	—	—	1.11B
Unpaid Claims	—	—	—	—	794.48M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	36.48M
Total Equity	1.67B	1.82B	1.27B	1.12B	0.81B
Shares Outstanding	127,558,000	127,558,325	85,058,325	85,058,325	64,639,706
Cash & Assets
Total Assets	5.46B	4.77B	4.11B	3.59B	3.45B
Cash & Equivalents	407.07M	962.27M	512.41M	534.21M	325.06M
Net Cash (Debt)	391.98M	940.73M	509.66M	528.32M	319.49M
Net Cash Per Share	3.07	9.13	5.99	7.68	4.94
Net Cash Growth	-58.3%	+84.6%	-3.5%	+65.4%	-53.3%
Other Receivables Insurance	7.05M	26.63M	54.63M	46.49M	572.05M
Restricted Cash	127.56M	127.56M	85.06M	85.06M	64.64M
Land	—	35.46M	16.40M	16.40M	16.40M
Machinery	—	59.38M	57.05M	47.44M	42.23M
Property, Plant & Equipment	72.54M	74.14M	35.48M	32.06M	30.97M
Goodwill	76.73M	24.42M	24.42M	24.42M	24.42M
Other Intangibles Insurance	107.45M	116.46M	121.57M	96.98M	37.71M
Deferred Policy Acquisition Cost	—	—	—	—	36.48M
Other Current Assets Insurance	86.23M	61.79M	32.35M	123.01M	97.40M
Separate Account Assets	—	164.00K	111.00K	—	—
Long-Term Leases	15.09M	14.83M	1.09M	5.89M	5.57M
Current Portion of Leases	—	6.71M	1.66M	—	—
Loans & Investments
Investment Debt Securities	—	709.69M	545.04M	509.94M	312.32M
Investment Equity Preferred	—	140.47M	86.93M	—	374.55M
Other Investments	2.65B	1.24B	1.33B	0.97B	0.30B
Reinsurance Recoverable	1.92B	0.74B	0.79B	0.80B	1.18B
Total Investments	2.65B	2.63B	2.45B	1.84B	1.07B
Liabilities & Obligations
Total Liabilities & Equity	5.46B	4.77B	4.11B	3.59B	3.45B
Accounts Payable Insurance	—	72.98M	96.28M	115.63M	85.14M
Accrued Expenses	113.39M	47.08M	46.90M	76.86M	77.68M
Current Income Taxes Payable	60.28M	42.96M	46.28M	45.23M	31.21M
Other Current Liabilities Insurance	7.05M	40.27M	28.71M	73.66M	12.91M
Other Long Term Liabilities Insurance	—	—	—	3.28M	26.76M
Reinsurance Payable	3.55M	3.30M	—	3.26M	342.73M
Separate Account Liability	525.98M	543.96M	552.25M	—	—
Unearned Premiums	—	—	—	—	1.11B
Unpaid Claims	—	—	—	—	794.48M
Insurance Annuity Liabilities	3.02B	2.13B	2.03B	2.12B	0.13B
Debt & Funding
Total Debt	15.09M	21.53M	2.75M	5.89M	5.57M
Equity & Book Value
Shareholders' Equity	1.67B	1.82B	1.27B	1.12B	0.81B
Total Common Equity	1.67B	1.82B	1.27B	1.12B	0.81B
Common Stock	1.28B	1.28B	0.85B	0.85B	0.65B
Additional Paid-In Capital	228.28M	228.28M	193.12M	193.12M	103.28M
Retained Earnings	34.75M	210.57M	146.27M	-1.71M	22.58M
Comprehensive Income & Other	131.12M	109.59M	78.49M	74.45M	38.38M
Minority Interest	2.90M	—	—	—	—
Book Value Per Share	13.09	14.30	14.91	13.13	12.54
Tangible Book Value	1.49B	1.68B	1.12B	1.00B	0.75B
Tangible Book Value Per Share	11.65	13.20	13.20	11.70	11.58
Filing Date Shares Outstanding	127.56M	127.56M	85.06M	85.06M	64.64M
Total Common Shares Outstanding	127.56M	127.56M	85.06M	85.06M	64.64M
Supplemental
Total Liabilities Insurance	3.78B	2.94B	2.84B	2.47B	2.64B